Spark New Zealand (DB:NZT) - Stock Price, News & Analysis

NZT Stock Overview

Provides telecommunications and digital services in New Zealand. More details

NZT fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	2/6
Financial Health	4/6
Dividends	4/6

Rewards

Trading at 45.7% below our estimate of its fair value

Earnings are forecast to grow 4.58% per year

Trading at good value compared to peers and industry

Risk Analysis

Dividend of 9.09% is not well covered by earnings or free cash flows

Has a high level of debt

Profit margins (8.2%) are lower than last year (25.3%)

Spark New Zealand Limited Competitors

Telefónica Deutschland Holding

HMSE:O2D

€6.2b

Telefónica Deutschland Holding

XTRA:O2D

€7.2b

Deutsche Telekom

XTRA:DTE

€145.2b

ecotel communication ag

XTRA:E4C

€48.2m

Price History & Performance

Summary of all time highs, changes and price drops for Spark New Zealand
Historical stock prices
Current Share Price	NZ$1.66
52 Week High	NZ$2.98
52 Week Low	NZ$1.60
Beta	0.17
11 Month Change	-2.35%
3 Month Change	-19.42%
1 Year Change	-40.29%
33 Year Change	-37.12%
5 Year Change	-35.81%
Change since IPO	-34.65%

Recent updates

Shareholder Returns

	NZT	DE Telecom	DE Market
7D	-1.8%	1.8%	0.2%
1Y	-40.3%	28.0%	8.5%

Return vs Industry: NZT underperformed the German Telecom industry which returned 28% over the past year.

Return vs Market: NZT underperformed the German Market which returned 8.5% over the past year.

Price Volatility

Is NZT's price volatile compared to industry and market?
NZT volatility
NZT Average Weekly Movement	5.4%
Telecom Industry Average Movement	2.7%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.3%

Stable Share Price: NZT has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: NZT's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1987	5,069	Jolie Hodson	www.sparknz.co.nz

Spark New Zealand Limited, together with its subsidiaries, provides telecommunications and digital services in New Zealand. The company offers telecommunications, information technology, media, and other digital products and services, including mobile services; IT products; broadband, IT, voice, and procurement and partner services; and high-tech and data centres. It also provides IT infrastructure, business cloud, business and outsourced telecommunications, software, data analytics, data center, and international wholesale telecommunications services.

Spark New Zealand Limited Fundamentals Summary

How do Spark New Zealand's earnings and revenue compare to its market cap?
NZT fundamental statistics
Market cap	€3.18b
Earnings (TTM)	€176.91m
Revenue (TTM)	€2.16b

18.0x

P/E Ratio

1.5x

P/S Ratio

Is NZT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NZT income statement (TTM)
Revenue	NZ$3.86b
Cost of Revenue	NZ$2.64b
Gross Profit	NZ$1.22b
Other Expenses	NZ$908.00m
Earnings	NZ$316.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.17
Gross Margin	31.70%
Net Profit Margin	8.18%
Debt/Equity Ratio	102.5%

How did NZT perform over the long term?

See historical performance and comparison

Dividends

9.1%

Current Dividend Yield

159%

Payout Ratio

NZT Stock Overview

Rewards

Risk Analysis

Spark New Zealand Limited Competitors

HMSE:O2D

€6.2b

XTRA:O2D

€7.2b

XTRA:DTE

€145.2b

XTRA:E4C

€48.2m

Price History & Performance

Recent News & Updates

Spark New Zealand Limited Announces Board Changes

Final dividend of NZ$0.16 announced

Full year 2024 earnings released: EPS: NZ$0.17 (vs NZ$0.61 in FY 2023)

Spark New Zealand Limited Reaffirms Dividend Guidance for the Full Year 2024

Spark New Zealand Limited (NZSE:SPK) announces an Equity Buyback for 33,659,451 shares, representing 5% for NZD 45 million.

Upcoming dividend of NZ$0.16 per share

Recent updates

Spark New Zealand Limited Announces Board Changes

Final dividend of NZ$0.16 announced

Full year 2024 earnings released: EPS: NZ$0.17 (vs NZ$0.61 in FY 2023)

Spark New Zealand Limited Reaffirms Dividend Guidance for the Full Year 2024

Spark New Zealand Limited (NZSE:SPK) announces an Equity Buyback for 33,659,451 shares, representing 5% for NZD 45 million.

Upcoming dividend of NZ$0.16 per share

First half dividend of NZ$0.16 announced

New minor risk - Profit margin trend

Spark New Zealand Limited, Annual General Meeting, Nov 01, 2024

Spark New Zealand Limited to Report First Half, 2024 Results on Feb 22, 2024

Spark New Zealand Limited (NZSE:SPK) signed a conditional agreement to acquire remaining 53% stake in Adroit Group of Companies.

Spark New Zealand Announces Board Changes

Spark New Zealand Limited Announces Dividend for the Six Months Ended June 30, 2023, Payable on October 6, 2023

Upcoming dividend of NZ$0.16 per share at 5.5% yield

New minor risk - Financial position

Spark New Zealand Limited Announces Dividend Estimates for the Six Months Ended June 30, 2023, Payable on October 6, 2023

Full year 2023 earnings released: EPS: NZ$0.61 (vs NZ$0.22 in FY 2022)

Spark Appoints John Wesley-Smith as Strategy and Regulatory Director, Effective from 1 August 2023

Spark New Zealand Appoints Renee Mateparae to the Role of Network and Operations Director, Effective from 1 July 2023

Marketing Director recently sold €133k worth of stock

Upcoming dividend of NZ$0.16 per share at 5.4% yield

Now 23% undervalued after recent price drop

First half 2023 earnings released: EPS: NZ$0.45 (vs NZ$0.096 in 1H 2022)

Spark Confirms Talks with TVNZ

Spark New Zealand Limited, Annual General Meeting, Nov 03, 2023

High number of new directors

Insider recently sold €119k worth of stock

Ontario Teachers' Pension Plan Board completed the acquisition of 70% stake in Spark TowerCo from Spark New Zealand Limited (NZSE:SPK).

Independent Chairman of the Board recently bought €108k worth of stock

Upcoming dividend of NZ$0.15 per share

Chief Operating Officer recently sold €232k worth of stock

High number of new directors

Full year 2022 earnings released: EPS: NZ$0.22 (vs NZ$0.21 in FY 2021)

Spark New Zealand Limited Provides Dividend Guidance for the Fiscal Year 2023

Ontario Teachers' Pension Plan Board agreed to acquire 70% stake in Spark TowerCo from Spark New Zealand Limited (NZSE:SPK) for NZD 900 million.

Ontario Teachers' Pension Plan Board agreed to acquire 70% stake in TowerCo from Spark New Zealand Limited (NZSE:SPK) for NZD 900 million.

Five Reportedly on Shortlist for Spark Towers

Spark New Zealand Limited Announces Changes to Board

Spark New Zealand Limited Declares Dividend for Period of Six Months Ended December 31, 2021, Payable on April 8, 2022

Upcoming dividend of NZ$0.15 per share

General Counsel recently sold €56k worth of stock

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Spark New Zealand Limited Declares Ordinary Dividend for the Six Months Ended December 31, 2021

Spark New Zealand Limited (NZSE:SPK) completed the acquisition of remaining 50% stake in Connect 8 Limited from Electra Ltd.

Spark New Zealand Limited (NZSE:SPK) entered into a conditional agreement to acquire remaining 50% stake in Connect 8 Limited from Electra Ltd.

Upcoming dividend of NZ$0.15 per share

Full year 2021 earnings released: EPS NZ$0.21 (vs NZ$0.23 in FY 2020)

Revenue beats expectations

First half 2021 earnings released: EPS NZ$0.08 (vs NZ$0.091 in 1H 2020)

Spark New Zealand Limited Announces Heather Graham as CEO for CCL

New 90-day high: €2.77

Spark New Zealand Limited to Report First Half, 2021 Results on Feb 24, 2021

New 90-day low: €2.53

Spark New Zealand Announces Resignation of Ido Leffler from Board

Independent Chairman of the Board recently bought €66k worth of stock

Independent Non-Executive Director recently bought €62k worth of stock

Full year earnings released - EPS €0.23

New 90-day high - €2.81

Shareholder Returns